Sibanye-Stillwater Launches New Plan For US Platinum Group Metals Operations
11 Août 2022 - 2:51PM
Dow Jones News
By Michael Susin
Sibanye-Stillwater Ltd. said Thursday that it has launched a new
operational plan for its U.S. platinum group metals operations to
reflect the change in the macro environment.
The Johannesburg-listed precious metals miner said that it
currently targets a production growth to 700,000 ounces by
2027.
The company added that the new plan will focus on a sustainable
cost management--known as all-in sustaining cost--below $1,000 per
ounce equivalent in medium and long-term.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
August 11, 2022 08:36 ET (12:36 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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